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VP Pick Paul Ryan Talks Sound Money

Early this morning Mitt Romney announced that he has chosen House Budgetary Committee Chairman Paul Ryan as his running mate.

As many in the Tea Party movement have noted previously, Romney needed to choose someone who could articulate the battles that lie ahead for our nation as well as rally the base toward a Romney victory in 2012.

While Ryan has his flaws, as FreedomWorks CEO Matt Kibbe noted, this is a clear sign that the Romney campaign is reaching out to conservatives and the engaged Tea Party grassroots community.

In December 2010, FreedomWorks and the Atlas Forum hosted a Sound Money forum where Congressman Ryan spoke on our fiscal policy and how it is on a collision course with our monetary policy.

"There is nothing more insidious that a government can do to its countrymen than to debase its currency, yet this is in fact what is occuring."

We believe that going forward we will have an ally in Paul Ryan. He's known as a reformer; someone unafraid to take on the challenges of our unsustainable entitlement growth and our ever expanding federal deficit and national debt. In the past he has supported a flat tax and understands the need for fundamental tax reform as a pathway to a prosperous nation.

Romney made a great choice in Paul Ryan. It shows that you, the Tea Party and limited government conservative have made your voices heard. Now, we must unite around this ticket and continue our efforts to shore up the House, take the Senate and the White House. Never have we needed the grassroots more. As Matt Kibbe stated earlier today:

If you and I don't show up to defend Paul Ryan, expect our best ideas to lose in the political marketplace.

There is simply too much at stake to allow that to happen. Will you join us?

Paul Ryan on Entitlement Programs
-Voted YES on limited prescription drug benefit for Medicare recipients. (Nov 2003)
-Voted YES on providing $70 million for Section 8 Housing vouchers. (Jun 2006)
-Voted YES on extending unemployment benefits from 39 weeks to 59 weeks. (Oct 2008)
-Voted YES on Head Start Act (2007)
Ryan is a reformer? Is that serious? The Ryan plan says that we will spend $3.6 trillion this year while bringing in $2.4 trillion in FY2012. In contrast, President Obama's budget says that we will shell out $3.8 trillion in FY2012 and bring in $2.5 trillion.

Every year since college, my best friend Dan and I have submitted our best observations on a wide range of topics that reflect on the year that has just expired. We follow the well established template of The McLaughlin Group program.Here are my reflections on 2013:BIGGEST WINNER OF THE YEAR: I can't even think of one, as 2013 has seen so many failures that have hurt so many Americans. The only one I can think of is David Ortiz of the Red Sox, who emphatically reclaimed the City of Boston for Bostonians.

As pretty much everyone expected, President Obama’s nomination for Federal Reserve chairman is a big-government Keynesian. Many left-wing pundits are applauding the nomination of Janet Yellen, the current Vice Chair of the Board of Governors of the Federal Reserve System. She has held many prominent jobs within the Federal Reserve and politics.

Sen. Rand Paul is leading an effort to get a vote on auditing the Federal Reserve as a condition for considering the nomination of Janet Yellen for Federal Reserve chair. Sen. Ted Cruz has released a statement supporting this strategy to finally get a vote on auditing the Fed:

"There is no entity in the world that controls our lives more than the Federal Reserve System" - Harry Reid, 1995. While Harry Reid admits the unchecked power of the Federal Reserve, he has failed to act to provide oversight of the central bank. Despite the concentrated power of the Federal Reserve, it has little accountability from Congress or any branch of government.

Senator Rand Paul has reintroduced legislation to audit the Federal Reserve in the Senate. The bill, S. 209, currently has 24 cosponsors. This legislation is important because the people deserve to know who the Federal Reserve is bailing out behind closed doors. Here are the Republicans that have not cosponsored the audit the Fed bill yet. Please call them or tweet at them and politely ask them to cosponsor S. 209!

On today’s edition of The FreedomCast, Dean Clancy VP of Public Policy at FreedomWorks joins me to discuss the battle between the Republican and Democrat budgets, what to expect in the process going forward and report live from CPAC, and the latest on BlogCon2013.
Have a suggestion for an upcoming FreedomCast episode, or a comment?

The debt ceiling debate reached a new level of absurdity when some pundits began tossing around the idea of a $1 trillion coin. Instead of advocating for spending cuts to avoid hitting the $16.4 trillion debt limit, proponents of the one trillion dollar coin believe that the Federal Reserve just needs to create more money. They want the U.S.

Throughout the various rounds of quantitative easing enacted by the Federal Reserve in response to a persistently sluggish economy, advocates of loose monetary policy have kept a gleeful eye on the Consumer Price Index, pointing to the lack of measured inflation as evidence for the soundness of their ideas and the groundless paranoia of their detractors.

Over the last couple of years, Paul Krugman and The New York Times have championed a bigger stimulus, which equals more government deficits and debt. Recently, another New York Times scribe, Nicholas Kristof, claims Romney's economic plan is equal to the austerity plan of many European counties, particularly Germany and England.

Wednesday, in the critical battleground state of Ohio, Paul Ryan spoke about his plan for the 46 million Americans who live in poverty saying that "in this war on poverty, poverty is winning.” With one in six Americans living in poverty, Ryan said that he and Mitt Romney would help them join (or rejoin) the middle class. "Many of those living in poverty today were in the middle class just a few years ago.